HG Capital related stories
All articles and analysis
US auto bailout to aid buyout firmsMany private equity firms have exposure to the US auto sector that was teetering on the edge of collapse. The US government's multi-billion efforts to prop up the big three US auto makers will accordingly affect many portfolios, not just Cerberus'.
- WL Ross increases stake in European auto supplier
The turnaround investor now holds 75 percent of Wagon following a €47m special rights offering. London Stock Exchange-listed Wagon designs vehicle structures for brands including Peugeot, Renault, Daimler and Volkswagen.
- Close Brothers trims advisory arm
The European investment bank’s corporate finance advisory business, which has advised on recent private equity deals including Hg's £126m exit of Boosey & Hawkes, has pruned its London team by 11 bankers as the slowdown in M&A activity takes its toll.
- Buy and builds peak in 2007
Figures confirm there is more to Europe’s mid-market than asset stripping and leverage, although credit market problems suggest there will be fewer bolt-on acquisitions in 2008.
- Terra Firma, SUEZ may start Biffa bidding war
Montagu and Global Infrastructure Partners have agreed their Biffa bid, but the waste disposal company board’s statement that rival bidders are in due diligence caused the company’s share price to rise five percent above the offer price.
- Hg makes 5x from cosmetics facelift
After reorientating Sanctuary Spa Covent Garden into a product focussed business in two years Hg Capital sold the company for £75 million.
- Hg to take advantage of the credit crunch(4)
The investment trust of Hg Capital reported strong results from realisations, while indicating it had £54 million in liquid resources to take advantage of market turbulence.
- Hg to take advantage of the credit crunch(3)
The investment trust of Hg Capital reported strong results from realisations, while indicating it had £54 million in liquid resources to take advantage of market turbulence.
- Hg to take advantage of the credit crunch(2)
The investment trust of Hg Capital reported strong results from realisations, while indicating it had £54 million in liquid resources to take advantage of market turbulence.
- Riverstone hires BP top brass(4)
Riverstone has hired former BP executive Ralph Alexander, just weeks after appointing BP's former CEO, Lord Browne, to lead its European activities.